Yarraville is a vibrant suburb with a growing population over the years. The residents have diverse age groups, with a significant number of young adults and middle-aged individuals. The suburb offers various commuting options, with a notable percentage of people choosing to work from home. Additionally, there are good educational opportunities with a relatively high ICSEA percentile for government schools. For houses, Yarraville presents a balanced market with moderate sale prices and rental yields. The high market absorption rate indicates a strong demand, potentially leading to price appreciation. For units, despite a negative growth trend, the high rental yield could attract investors looking for steady returns. Both property types show significant room demand-supply ratios, indicating opportunities for rental investment. Yarraville's property market appeals to both homeowners and investors alike. The suburb's demographic diversity and convenient commuting options contribute to its appeal. With a focus on houses for potential price appreciation and units for rental yield, Yarraville offers a dynamic investment landscape for those considering the area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022